MMI offers a wide variety of financial services to help improve your financial life. No matter what your financial situation, we can help you to establish an plan of action for achieving your financial goals.

Suggested storylines based on survey findings

The current debt crisis is having a negative effect on some Americans’ plans. In a recent MMI survey, nearly 4 in 10 Americans report that they’re planning for a later retirement, and an equal number say they are investing less.

For many Americans, a significant proportion of their income goes toward paying down debt. In a recent MMI survey, a fifth said that 40 percent or more of their household income goes to debt reduction.

On average, roughly 20 percent of an American’s income is paying down debt.

According to MMI’s survey, more than 80 percent of respondents said it would either take “way more than 5 years” or “never” to pay off their debt.

Americans with debt expect that it will take 4 years to pay it down, which may be too long of a sacrifice to feel motivated.